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Four companies recommend cash, stock dividends

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Commerce Reporter
Four companies -- Khan Brothers PP Woven Bag Industries Limited, The Dacca Dyeing & Manufacturing Company Ltd, Orion Infusion Ltd and Kohinoor Chemicals -- on Sunday recommended cash and stock dividends for the year ended on June 30, 2014.
The Board of Directors of Khan Brothers PP Woven Bag Industries Limited has recommended 10 percent stock dividend for the year ended on June 30, 2014, according to DSE website.
The Annual General Meeting (AGM) of the company will be held on December 29, 2014 at 2:00 pm at IDEB Bhaban. The Record Date is 08.12.2014.
The Company has also reported net profit after tax of Tk. 74.38 Million, EPS of Tk. 1.71, NAV per share of Tk. 15.85 and NOCFPS of Tk. 1.20 for the year ended on June 30, 2014.
In another corporate declaration, the Board of Directors of the Dacca Dyeing & Manufacturing Company Ltd recommended 10 percent stock dividend for the year ended on June 30, 2014. The AGM of the company will be held on December 12 on the factory premises in Gazipur.
The Record date is 25.11.2014. The Company has also reported EPS of Tk. 1.02, NAV per share of Tk. 26.58 and NOCFPS of Tk. 4.64 for the year ended on June 30, 2014 as against Tk. 0.92 (restated), Tk. 25.86 (restated) and Tk. 2.61 (restated) respectively for the year ended on June 30, 2013.
The Board of Directors of Orion Infusion Ltd has recommended 15 percent cash dividend for the year ended on June 30, 2014. The AGM of the company will be held on December 18 at Officers’ Club in city.
The Record date is 25.11.2014. The Company has also reported EPS of Tk. 3.64, NAV per share of Tk. 8.15 and NOCFPS of Tk. 3.49 for the year ended on June 30, 2014.
Meanwhile, the Board of Directors of Kohinoor Chemicals recommended 25 percent stock dividend for the year ended on June 30, 2014. The AGM of the company will be held on December 18 at 9:30 am at Officers Club.
The Record date is 25.11.2014. The Company has also reported EPS of Tk. 13.20, NAV per share of Tk. 29.19 and NOCFPS of Tk. 21.74 for the year ended on June 30, 2014.